OV9

Just posted up a new article on Aston Martin & Ferraris Q2 2020 results including an analysis of what was (and wasn't) said in the Question and Answer session:

https://karenable.com/aston-martin-ferr ... 0-results/

Comments?

So the question is, who exactly are the AML executive fooling?

Will investors hold on the basis of "we really hope it's not as bad as we suspect it is?"

The channel stuffing looks to me like just another way that the IPO was inflated, but Palmer got a shiney golden parachute for a job well done. Don't get how there aren't a bunch of investors out for his blood?

RobYob wrote: Sun Aug 09, 2020 6:59 am So the question is, who exactly are the AML executive fooling?

Will investors hold on the basis of "we really hope it's not as bad as we suspect it is?"

The channel stuffing looks to me like just another way that the IPO was inflated, but Palmer got a shiney golden parachute for a job well done. Don't get how there aren't a bunch of investors out for his blood?

Hope springs eternal.......

On the channel stuffing, the question is did they do it to inflate 2018 & 2019 sales, if so its really borderline.

One thing I did see that I thought was interesting is it looks like Palmer went bottom fishing and bought Aston stock back in April near its all time low. Nothing like taking the opportunity to profit off your own incompetence. https://finance.yahoo.com/quote/AML.L/i ... ns?p=AML.L


Insider Transaction Type Value. Date. Shares

PALMER (ANDREW C) Bought at price 0.37 per share. Direct 1,333,217 Apr 19, 2020. 3,574,309

Interesting - particularly your AM comments - thank you.